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Section 2 (5 Marks) [CLO 4] Instructions: Robertson Company maintains four special journals and a general journal to record its transactions. For each of the

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Section 2 (5 Marks) [CLO 4] Instructions: Robertson Company maintains four special journals and a general journal to record its transactions. For each of the transactions listed below, place an (X) in the box which indicates the appropriate journal for recording that transaction. Journal Code: S = Sales journal CR= Cash receipts journal CP= Cash payments journal G = General journal Journals CRCPG S 1. Mr. Robertson invests cash in the business 2.Purchased supplies on account. 3. Purchased equipment for cash 4. Paid for supplies previously purchased on account. 5. Paid for rent 6. Sold merchandise to customers on account. 7. Sold merchandise to customers for cash. 8.Received a check from a customer as payment on account. 9. Recorded depreciation expense on equipment. 10. Mr. Robertson withdrew cash from the business for personal expenses. End of the quiz

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